For this week’s #MarketMonday, we highlight why only you can decide whether or not you’re ready to buy a home or to continue renting. We provide a quick overview of what’s to come in the September housing market and how low home inventory is still affecting real estate. We also touch on how Seattle Mayor, Ed Murray’s new affordable housing proposal will play into the real estate market. Lastly, we discuss how millennials’ influence as home buyers continues to grow. Stay updated with all things real estate through our blog!
My team is happy to answer any questions about the current real estate market or to discuss what is most important to you whether you are looking to buy, sell or invest in today’s market.
Great article on why you should decide for yourself whether you are ready to buy a home or to keep renting. Many come out financially ahead when buying a house, but the main factor in this big decision comes down to how long you plan to stay in the same location.
Low home inventory still serves as a major problem for the Seattle housing market. However, with Mayor Ed Murray’s latest affordable housing proposal, the housing market is expected to continue to grow. 120,000 people have been predicted to move to Seattle within the next 20 years, so creating more housing is not an option.
Great one minute update from Keller Williams on what to expect from the real estate market this month!
Millennials continue to play a huge role in the housing market. They make up the largest home buying percentage (33%). This number is continuously increasing as well! Great interview from MSN on millennials with former NFL player, Casey Crawford who is now the CEO of Movement Mortgage.